$2,332,500
$2,435,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
5122 RALEIGH ST Los Angeles, CA 90004
0.29 Acres Lot
Key Details
Sold Price $2,332,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 18378154
Sold Date 11/02/18
HOA Y/N No
Year Built 1922
Lot Size 0.285 Acres
Property Description
I am pleased to present for sale, a 10-unit multifamily offering located at 5122 Raleigh St. in Los Angeles. Constructed in 1922, the ±6,200 square foot (5 structure) property is situated on a ±12,419 square foot lot. It's located just East of Larchmont, between Melrose and Beverly and exemplifies classic Hollywood charm. The building consists of ten 1BD/1BA bungalow style units surrounded by a beautify manicured courtyard that boasts stunning street lamps.  The tenants benefit from a central location that's minutes from the world famous Hollywood Walk of Fame, Paramount Studios, Los Angeles County Museum of Art, and the LA music scene on Sunset Strip. Los Angeles's improving infrastructure and lack of housing supply, has made it one of the most desired rental markets in the country, rivaling New York City and San Francisco.
Location
State CA
County Los Angeles
Area Hpk - Hancock Park
Zoning LAR3
Interior
Fireplace No
Laundry See Remarks
Exterior
Parking Features Door-Multi, Garage
Building
Story 1
Others
Tax ID 5522006001
Special Listing Condition Standard
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Bought with Joshua Luchs • CB Richard Ellis, Inc.